Indian Clarity

Light. Truth. Clarity.

Loading ad...
World

Saudi's Humain secures up to $1.2 billion to expand AI infrastructure

Saudi Arabia's Humain has secured a financing agreement of up to $1.2 billion from the National Infrastructure Fund to enhance the country's AI and digital infrastructure. The funds will facilitate the development of up to 250 megawatts of data center capacity, aimed at supporting Humain's customer base, with the announcement made in Davos, Switzerland.

Saudi's Humain secures up to $1.2 billion to expand AI infrastructure

Credit: Yahoo

Key Highlights

  • Humain secures up to $1.2 billion for AI infrastructure expansion.
  • Financing agreement is with Saudi Arabia's National Infrastructure Fund.
  • Development includes up to 250 megawatts of AI data center capacity.
  • Announcement made during an event in Davos, Switzerland.
  • Effort aligns with Saudi Arabia's strategy to accelerate AI development.
Loading ad...

Sources

  1. Saudi's Humain secures up to $1.2 billion to expand AI infrastructure
  2. Saudi's Humain secures up to $1.2 billion to expand AI infrastructure

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Related Stories

Loading ad...